Income Taxation And Energy Demand

income taxation energy
Taxation of energy in the United States, the federal government does not impose an energy tax or a general sales tax that is broadly applicable to energy. However, excise taxes are imposed on certain fuels, and there are a number of income tax provisions specific to the energy sector. There are three separate categories of taxes and fees that affect energy use: (1) excise taxes/fees that primarily affect energy demand; (2) income tax provisions that primarily affect energy supply by operating on the after-tax rate of return on investment; and (3) income tax provisions that primarily affect the demand for specific energy sources. (more…)

Fuel Taxes in Europe to Reduce Fuel Consumption

Fuel Taxes in Europe
Analysis of future light-duty transportation energy use require estimates of the impact of fuel prices on travel and fleet fuel economy, estimates of the fuel price elasticity of travel, fuel economy, and fuel consumption are ubiquitous in the literature. However, there is substantial disagreement about the magnitude of these elasticities because travel volumes, fuel economy, and fuel consumption are dependent on several variables other than fuel price and because fuel prices have tended to be volatile during the past few decades, thereby complicating attempts to estimate long-run elasticities. Thus, the magnitude of the effect of changes in fuel taxes in US on fleet fuel economy and on travel volumes and fuel consumption is also subject to considerable disagreement. (more…)

Energy Consumption in the United States

energy consumption US
The gradual change in the energy consumption pattern of the United States from 1860 to 1990. In the mid-1800s, biomass, principally woody biomass, supplied over 90% of U.S. energy and fuel needs, after which energy biomass consumption began to decrease as fossil fuels became the preferred energy resources. For many years, a safe illuminant had been sought as a less expensive substitute for whale oils. (more…)

Eco Driving Tips & Techniques to Reduce Fuel Consumption

eco driving tips
Throughout the British energy crisis there were some grounds evident that more drivers drove more slowly to conserve their vehicle fuels. This is the basis facts that showed clearly during crisis circumstances, drivers are willing to change and adopt these types of driving strategies: (more…)